Property score
82.9
Excellent
Overall 82.9 · Larger and newer than most nearby homes
1,858 sqft (top 11%) · Built in 2012 (22 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
Living Area
Above average
44% larger than neighborhood avg.
Year Built
Above average
22 yrs newer than neighborhood avg.
Mother tongue
English · 58%Punjabi · 12%
Past 10 years Meadows sales snapshot (~80% of all data)
637
475.6k
$441/sqft
1990
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82.9 is composed by the two sections below.
Property Score
Community Score
Meadows
How to read: Share of sales in each ~$50k price band for “meadows” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111253
$105K
Median household income
$113K
Average household income
5%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
18%
Single-person households
38%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
126 Tychonick Bay — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 256 m).
Meadows · WPS public data · 2026
Annual incidents
9
2026
vs. city avg
-69%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
78%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Top 10% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This home at 126 Tychonick Bay in the Meadows neighbourhood presents a compelling mix of space, modernity, and value. Built in 2012, its key characteristic is its relative newness, ranking it among the top 1% of homes by age in the entire Meadows area. With 1,858 sqft of living space, it offers significantly more room than the average Winnipeg home and is above average for its immediate area.
The appeal lies in this balance. You get a modern home that likely requires less immediate upkeep, coupled with generous interior space, all on a standard city lot. The assessed value of $510k positions it as a premium property city-wide and in Meadows, yet it is notably more affordable than many homes on its own street. This suggests a potential value opportunity—a newer, spacious home for less than the immediate street average. It would suit buyers looking for a move-in ready, contemporary family home who prioritize interior space over an exceptionally large yard, and who are savvy about finding value within a desirable neighbourhood.
Frequently Asked Questions
How does the sold price compare to the assessment?
The home sold in 2023 for an estimated $500k-$550k, which aligns closely with its current $510k assessed value. This indicates the assessment is grounded in recent market activity.
Is the lot size a drawback?
At just under 5,000 sqft, the lot is typical for Meadows and the city. While not the largest on the street, it is a standard urban parcel, balancing yard space with low-maintenance living. The trade-off for a newer, larger home is often a more efficiently sized lot.
What does "below average value for the street" really mean?
This statistic is revealing. It means that compared to its direct neighbours on Tychonick Bay, this home's assessed value is in the lower 75%. Given its above-average size and newer age, this could indicate better value per dollar on this specific street, or that other homes on the street have features (like renovations, larger lots, or premium finishes) not fully captured in this data.
How does the age of the home benefit me?
A 2012 build means major components like the roof, furnace, windows, and appliances are likely still within or just beyond their typical lifespan, potentially deferring significant capital expenses for several years compared to an older home.
Are property taxes likely to be high?
With an assessed value that is high for the city but moderate for its own street, property taxes will be substantial, as they are for any home in this price range. However, they may be proportionally lower than those for similarly priced, older homes on the same block with even higher assessments.
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